Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IMMO STETHO from Comines-Warneton, company number BE0627919897, closed financial year 2025 with a result of € 82,341 after tax. For that financial year IMMO STETHO recorded a gross margin of € 189,190 and equity of € 225,101. Compared with financial year 2024, the result moved from € -428 to € 82,341. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 225,101
▲ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 82,341
▲ still € 428 loss in 2024
Profit after tax over the fiscal year.
€ 10,699
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 205,137.
Debts at end 2025
€ 1.3 million
▲ 52% vs 2024
€ 95,147 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 121,234 | € 121,234 | € 176,544 | - | |
| Gross margin | € 109,590 | € 114,297 | € 136,333 | € 189,190 | ▲ 39% |
| Profit after taxes | € 41,072 | € 42,834 | € -428 | € 82,341 | ▲ € 82,769 |
| Equity | € 100,354 | € 143,188 | € 142,760 | € 225,101 | ▲ 58% |
| Total debts | € 683,980 | € 630,510 | € 1,016,570 | € 1,450,225 | ▲ 43% |
| Cash | € 38,469 | € 50,551 | € 42,892 | € 10,699 | ▼ 75% |
| Land & buildings | € 710,881 | € 683,213 | € 1,077,735 | € 1,625,454 | ▲ 51% |
| Retained profit | € 80,390 | € 123,224 | € 122,796 | € 205,137 | ▲ 67% |
| Dividend | € 62,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 676,497 | € 625,726 | € 857,022 | € 1,304,039 | ▲ 52% |
| Balance sheet total | € 784,333 | € 773,698 | € 1,159,330 | € 1,675,327 | ▲ 45% |
Key figures of IMMO STETHO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IMMO STETHO?
What happened at IMMO STETHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 82,341. Source: NBB ↗
- Docteur Loïc Nuytten SRL became a director. NBB
- MKS SRL became a director. NBB
- LUMA SRL became a director. NBB
- Noémie Cappon became a director. NBB
- Docteur Morgane Delanghe SRL became a director. NBB
- Docteur Maes Hélène SRL became a director. NBB
- New establishment in Comines-Warneton. KBO
In short
From € 41,072 profit in 2022 to € 82,341 profit in 2025.
Paid € 46,211 in corporate taxes since 2022.
Best year ever: 2025, with € 82,341 profit.
Paid out € 62,000 in dividends to the owners in total.
Management
Behind IMMO STETHO are Docteur Loïc Nuytten SRL, MKS SRL, LUMA SRL, Noémie Cappon, Docteur Morgane Delanghe SRL and Docteur Maes Hélène SRL.
Directors
According to the 2025 annual accounts
Director · represented by Loïc Nuytten
since 2023
Director · represented by Maxence Verhelst
since 2023
Director · represented by Thierry Stanislas
since 2023
Noémie Cappon
Director
since 2023
Director · represented by Morgane Delanghe
since 2023
Director · represented by Hélène Maes
since 2023
Establishments
Establishment units
Physical locations of this company
Kastelenlaan(KOM) 109A
7780 Comines-Warneton
Kastelenlaan(KOM) 109 box A
7780 Comines-Warneton
Active since 3 April 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0627.919.897
- VAT number
- BE 0627.919.897
- Registered office
- Kastelenlaan(KOM) 109A, 7780 Comines-Warneton
- Names & denominations
- IMMO STETHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2015
- Peppol
- Not registered